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Economy

Investor money surging back into emerging markets

Fears over Trump's protectionism are retreating

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A floor trader monitors share prices at the Hong Kong Stock Exchange.   © Reuters

LONDON -- Investors around the world are increasingly buying emerging market stocks and bonds as a pickup in the global economy has relieved earlier pessimism over U.S. President Donald Trump's protectionist policies.

According to EPFR Global, which tracks global mutual fund flows, emerging market stock and bond funds saw a net inflow of roughly $4 billion in the week through Feb. 15, the highest level since mid-August last year. Since the start of 2017, net inflows totaled about $15 billion.

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